Guyana Goldfields Inc. (GGX.TO): A Historical Perspective on Yahoo Finance

Guyana Goldfields, formerly traded on the Toronto Stock Exchange (TSX) under the ticker symbol GGX.TO, represented a significant gold mining operation in Guyana, South America. While the company no longer exists in its independent form, its historical performance and eventual acquisition are still reflected within Yahoo Finance's archived data.

Key Aspects Tracked on Yahoo Finance

• Stock Price History: Yahoo Finance provides a detailed historical view of GGX.TO's stock performance. This includes daily open, high, low, and close prices, adjusted close prices (factoring in dividends and stock splits), and trading volume. Analyzing this data allowed investors to track the company's growth, identify trends, and assess risk.
• Financial Statements: Key financial statements like income statements, balance sheets, and cash flow statements were accessible, allowing investors to evaluate Guyana Goldfields' profitability, financial health, and cash management. Users could examine revenue, expenses, assets, liabilities, and equity over multiple periods.
• Analyst Ratings and Estimates: While available, analyst ratings and price targets provided insights into professional opinions on the stock's potential. However, it's crucial to remember that these were simply estimates and not guarantees.
• News and Press Releases: Yahoo Finance aggregated news articles and press releases related to Guyana Goldfields. This offered a way to stay informed about company announcements, industry trends, and relevant economic events that could impact the stock.
• Profile and Company Information: Basic company information, such as the company's headquarters, business description, and key executives, was typically included on the Yahoo Finance profile page.

Acquisition by Zijin Mining

A critical event in Guyana Goldfields' history was its acquisition by Zijin Mining Group Co., Ltd. This acquisition effectively ended GGX.TO's independent trading on the TSX. The transaction details, including the acquisition price and date, would have been reported through news articles and press releases accessible on Yahoo Finance at the time.

Important Considerations

It's essential to note that historical data on Yahoo Finance should be viewed in context. Market conditions, industry developments, and specific company events all played a role in Guyana Goldfields' stock performance. Furthermore, past performance is not indicative of future results.

For investors interested in the gold mining sector or companies operating in Guyana, researching the circumstances surrounding Guyana Goldfields' acquisition and the subsequent performance of Zijin Mining's operations in the region can provide valuable lessons.

Disclaimer: This information is for illustrative purposes only and should not be considered financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.